Home News & Press Releases Commercial International Bank - Outlook Lowered to Negative Following Similar...
News & Credit Rating Announcements
23 March 2023 | Country: Egypt | Bank: Commercial International Bank
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Commercial International Bank - Outlook Lowered to Negative Following Similar Sovereign Action
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has lowered the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Commercial International Bank (CIB) to Negative from Stable. The change in the outlook follows a recent similar rating action on Egypt's sovereign outlook.
Attachments
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Rating Announcement (CRA)
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